Defined Benefits

The DOL doesnt want it to be a secret, so it spells out exactly what it expects from the 401(k) plan sponsor and any other fiduciary.

Specialty materials and chemical products company Celanese said Tuesday that it is changing the accounting policy for its defined benefit pension plans and other benefit plans used by retirees.

Total holdings and investments of major public pension systems reached their highest level since their peak in 2007, according to the U.S. Census Bureaus Quarterly Survey of Public Pensions for the fourth quarter of 2012.

If someone is able to retire on time and with enough money to live comfortably throughout their retirement, was it luck, discipline or some other factor that allowed them to do it?

Wisconsin's pension fund managers were given more than $8 million in bonuses as a reward for strong investment returns, nearly double what they received last year, according to records released to The Associated Press on Friday.

Only 39 percent of financial advisors create a written investment policy statement for their clients, which is a missed opportunity, according to Russell Investments latest quarterly survey of U.S. advisors, the Financial Professional Outlook.